Celsius Holdings Inc. $CELH Stock Position Raised by EFG Asset Management North America Corp.

EFG Asset Management North America Corp. increased its holdings in shares of Celsius Holdings Inc. (NASDAQ:CELH) by 24.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 75,451 shares of the company’s stock after acquiring an additional 14,961 shares during the quarter. EFG Asset Management North America Corp.’s holdings in Celsius were worth $4,337,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of CELH. Scopus Asset Management L.P. bought a new position in shares of Celsius during the second quarter valued at approximately $59,382,000. Ilex Capital Partners UK LLP acquired a new position in Celsius during the 2nd quarter valued at approximately $55,966,000. Holocene Advisors LP grew its stake in Celsius by 130.6% during the 2nd quarter. Holocene Advisors LP now owns 2,108,041 shares of the company’s stock worth $97,792,000 after buying an additional 1,193,707 shares during the last quarter. Hood River Capital Management LLC increased its position in Celsius by 249.5% in the second quarter. Hood River Capital Management LLC now owns 1,302,164 shares of the company’s stock worth $60,407,000 after buying an additional 929,597 shares during the period. Finally, Marshall Wace LLP lifted its stake in Celsius by 209.2% in the second quarter. Marshall Wace LLP now owns 1,284,616 shares of the company’s stock valued at $59,593,000 after buying an additional 869,207 shares during the last quarter. 60.95% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Celsius

In other news, Director Hal Kravitz bought 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 13th. The stock was acquired at an average price of $45.24 per share, with a total value of $452,400.00. Following the completion of the purchase, the director directly owned 216,147 shares of the company’s stock, valued at $9,778,490.28. This represents a 4.85% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. 2.20% of the stock is currently owned by company insiders.

Celsius Trading Down 2.5%

Celsius stock opened at $54.54 on Tuesday. Celsius Holdings Inc. has a 12-month low of $21.10 and a 12-month high of $66.74. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.89 and a quick ratio of 1.61. The stock has a market capitalization of $14.06 billion, a PE ratio of 545.40, a price-to-earnings-growth ratio of 0.92 and a beta of 0.89. The firm has a 50 day simple moving average of $46.22 and a 200-day simple moving average of $51.71.

Celsius (NASDAQ:CELH) last released its earnings results on Thursday, November 6th. The company reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.14. The firm had revenue of $725.11 million during the quarter, compared to the consensus estimate of $703.68 million. Celsius had a return on equity of 41.88% and a net margin of 3.03%.The firm’s revenue for the quarter was up 172.9% compared to the same quarter last year. As a group, equities research analysts expect that Celsius Holdings Inc. will post 0.89 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. KeyCorp started coverage on shares of Celsius in a research report on Tuesday, December 16th. They set a “sector weight” rating for the company. Morgan Stanley set a $70.00 target price on shares of Celsius in a research report on Tuesday, September 30th. Needham & Company LLC reaffirmed a “buy” rating and set a $70.00 price target on shares of Celsius in a report on Wednesday, January 7th. JPMorgan Chase & Co. reduced their price objective on Celsius from $76.00 to $68.00 and set an “overweight” rating for the company in a research report on Friday, November 7th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Celsius in a research report on Monday, December 29th. Eighteen research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Celsius presently has an average rating of “Moderate Buy” and an average target price of $65.61.

Celsius Profile

Celsius Holdings, Inc is an American beverage company known for its line of fitness and energy drinks formulated to support active lifestyles. The company’s flagship product, the Celsius® brand, features beverages enhanced with ingredients such as green tea extract, guarana seed extract and essential vitamins, positioned as a functional alternative to traditional energy drinks. These products are designed to deliver a blend of ingredients that support metabolism and sustained energy without high sugar content or artificial preservatives.

In addition to its core carbonated drink portfolio, Celsius has expanded its offerings to include powder mixes and non-carbonated ready-to-drink variants, catering to consumer preferences around taste, convenience and nutritional needs.